Sent on August 03, 2016

News
NTUC Income, IIPL launch insurtech accelerator programme
02 AUG 2016 | NSURTECH (or insurance tech) is gaining prominence. On Monday, NTUC Income unveiled "Income Future Starter, Powered by TAG.PASS", an accelerator programme to foster business innovation in the insurance sector. It will be launched in partnership with Infocomm Investments Private Ltd (IIPL), a wholly-owned subsidiary of the Infocomm Development Authority (IDA) of Singapore, under IIPL's trademark TAG.PASS accelerator programme. This is believed to be the first partnership between an insurer in Singapore and IIPL.
Insurtech Startup Clark Raises €13.2M in Series A Funding
02 AUG 2016 | Clark, a Berlin, Germany-based insurance-robo-advisor, raised €13.2m in Series A funding. Backers included FinLeap, SevenVentures and Axel Springer (through media investments), yabeo Capital, Kulczyk Investments, HitFox, TA Ventures, Tenderloin Ventures and GMPVC. The company intends to use the funds to develop its technology platform and grow the team.
New platform businesses offer P&C insurers a precious opportunity to expand and ramp up revenues
01 AUG 2016 | P&C insurance providers are fast realizing that digital disruption is as much an opportunity as a threat. They’re worrying less about digital technology eroding their traditional businesses. Instead, they’re looking at the benefits it can deliver. One of the reasons for this shift is the growing appeal of digital ecosystems. Throughout the world these ecosystems are spawning a host of “platform” businesses that generate value through multiple digital interactions between suppliers, partners and customers. It’s a phenomenon that’s changing the economics of business. Companies can now quickly build big, sustainable businesses without having to own extensive resources or production capacity.
Smart cars to become delivery boxes for Deutsche Post
29 JUL 2016 | Latest news from the automotive telematics industry including in-car infotainment, navigation and Advanced Driver Assistance Systems. A free online resource of information for industry professionals.
Sun Life Partners with Plug and Play for Insurtech Advancement
28 JUL 2016 | Sun Life has partnered with the Plug and Play Tech Center, a startup accelerator in the Bay Area, which recently launched an insurance focus. As part of the insurance vertical program, Sun Life will provide mentorship and business development support to help startips develop a working prototype. At the end of the 12 week program, the companies pitch their ideas to investors and insurance executives at Plug and Play's EXPO. The program is slated to begin at the end of August.
Asia Pacific: Allianz launches its next-generation digital sales tool
27 JUL 2016 | Allianz has launched "Allianz Discover" - its next-generation digital sales tool - for Asia Pacific customers. Built on an interactive tablet platform, it will allow customers to understand their lifestyle needs at a glance, plan for comprehensive financial and life protection, and discuss customised solutions with their advisers.
How to Unlock Group Insurance Market
27 JUL 2016 | A combination lock relies upon multiple numbers to match in order to release the catch. You can have three of the four numbers correct, and the lock will remain closed. Is this what is happening to the promise of group insurance sales? Are some insurers just one or two details away from unlocking the market?
Scalpel, clamp, VR headset: A surgeon's quest to fix healthcare
27 JUL 2016 | Shafi Ahmed, a cancer surgeon at Bart’s hospital in London, is making waves with his innovative use of Virtual Reality (VR) in healthcare. Here, he tells IoB why VR, Augmented Reality (AR) and Internet of Things (IoT) are set to take the defibrillator to a sleeping industry.
Insights
Interview with Chris Cheatham, 50insurtech influencer and CEO of ClaimKit
02 AUG 2016 | Find out Chris Cheatham's angle on insurtech and what start-ups need in order to succeed in the insurtech sector. Chris is a 50insurtech influencer and CEO of ClaimKit LLC. His company created RiskGenius, the Google of insurance policies. RiskGenius leverages artificial intelligence to help insurance professionals review and research insurance policies faster. Chris is a recovering insurance attorney and lives in Overland Park, Kansas.
Chicago Insurance Forum to emphasize shifting the cultural mind-set of the industry to a data-centric approach
01 AUG 2016 | The insurance sector has been grappling with data for decades and is perhaps one of the oldest institutions to practice what we would now consider to be Data Science and analytics. The inherently risk averse nature of Insurance has historically demanded Actuaries to implement rigorous statistical and mathematical processes to enable the quantification of risk into a packaged, saleable product. Although insurance organisations have long been aware of the applications of data for business gain, there has been renewed interest in Big Data given the diversification of new sources now available through the exponential growth in technology.
Agenda
Connected Car Insurance USA 2016, 7th Annual Conference and Exhibition
07 SEP 2016 | Radisson Aqua Blu, Chicago: The Connected Car Insurance USA Conference & Exhibition is the largest and most informative forum for executives from across the connected car and auto insurance industries. This year, more than ever before, we broaden the scope to encompass the most current topics shaping the motor insurance space: from new mobility and autonomous to ADAS and the connected car disruptor to data sharing and advanced analytics.
Chief Data Officer Forum Insurance 2016
15 SEP 2016 | Swissotel Chicago, Illinois, USA: The Chief Data Officer Forum Insurance 2016 which will establish a focal point of discussion for Insurance specific CDOs, CAOs and senior data professionals to evaluate the evolving demands of big data and analytics in the Insurance space and importance of championing data/analytics evangelism at an enterprise level. This highly interactive forum, will tackle some of the insurance’s industry’s most crucial topics including price optimisation, fraud analytics, predictive modelling, customer data management, disruptive innovation, embedding a data culture within your organisation and data quality. It will provide you with the tools needed to empower your data and analytics initiatives to bolster your business outcomes. No matter the maturity of your organisation, the two day conference will enable you to shift the cultural mindset to a data-centric approach to problem solving.

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